Market News

General Mills Jumps after Raising Guidance

Shares of General Mills (NYSE:GIS) jumped today after the company raised its guidance for Fiscal Year 2023. Looking forward, management expects revenue growth and adjusted EPS growth to be 10% and 7% to 8%, respectively. For reference, previous estimates called for revenue growth of 8% to 9% and adjusted EPS growth of 4% to 6%.

In addition, the company pointed to its Blue Buffalo brand as a potential growth catalyst, outlining plans for expanding in China and other international markets.

Overall, Wall Street analysts have a consensus price target of $84.73 on GIS stock, implying 5.12% upside potential, as indicated by the graphic above.


Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More